Blackstone-backed Sona Comstar receives Sebi nod for Rs 6,000 crore IPO
NEW DELHI: Blackstone-promoted Sona BLW Precision Forgings on Tuesday received capital markets regulator Sebi’s approval to float initial public offering (IPO) share-sales. The company plans to raise Rs 6,000 crore. The public offer comprises a fund raise via a fresh issuance of shares amounting to Rs 300 crore and Rs 5,700 crore through an offer-for-sale … Read more